2/47 Westbank Terrace, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

2/47 Westbank Terrace
Richmond VIC 3121

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 126m2
Land area: 3134m2
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Last updated 9 Feb 2026
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Property Details for 2/47 Westbank Tce, Richmond

2/47 Westbank Tce, Richmond is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 3134m2 and floor size of 126m2.

Building Type
Unit
Year Built
1981
Floor Size
126m2
Land Size
3134m2
Local Government
Yarra
Lot/Plan
2/RP18993

Last Listing description (November 2021)

*Please contact the agent to register for the open for inspection (Note: Government requirements: entrants must be fully vaccinated and show their status via the Service Victoria app upon arrival), or alternatively if status is unknown private appointments may be available on an individual basis.

This exceptionally large two level apartment situated in leafy surrounds is the ideal family apartment, with ample living and outdoor area. Comprising two bathrooms, huge living / dining area, large balcony with lovely leafy views, modern kitchen with good bench space and lots of natural light.


Features heating and cooling, BIR, parking for 1 car, communal BBQ and swimming pool; close to transport and Bridge Road shops and dining. This apartment is a must see.

All Nelson Alexander inspections are conducted in accordance with the latest government guidelines. Please check in via the QR code, show your vaccination status via the Service Victoria app, wear a mask, use hand sanitiser, refrain from touching any items/fixtures and doors and provide your contact details. We appreciate your assistance.

Property History for 2/47 Westbank Tce, Richmond, VIC 3121

A timeline of how this property has performed in the market
Listed for Rent
$600/w
23 Nov 2021
  • 08 Nov 2021
    Listed for Rent $600 / week
  • 07 Sep 2017
    Listed for Rent - Price not available
  • 15 Jun 1991
    Listed for Rent - Price not available
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About Richmond 3121

The size of Richmond is approximately 4.4 square kilometres. It has 20 parks covering nearly 4.9% of total area. The population of Richmond in 2016 was 27705 people. By 2021 the population was 28587 showing a population growth of 3.2% in the area during that time. The predominant age group in Richmond is 20-29 years. Households in Richmond are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Richmond work in a professional occupation.In 2021, 43.00% of the homes in Richmond were owner-occupied compared with 40.80% in 2016.

Richmond has 22,565 properties. Over the last 5 years, Houses in Richmond have seen a 13.46% increase in median value, while Units have seen a 6.96% increase. As at 31 January 2026:

  • The median value for Houses in Richmond is $1,506,089 while the median value for Units is $655,807.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 55 properties listed for sale, and 39 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 987 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.